NOT LISTED FOR SALE

1350 Lawrence St Eugene, OR 97401

Jefferson Westside Neighborhood
12 Beds
7 Baths
6,076 Sq Ft
1962 Built

Last Sold February 09, 2024

Last sale price $1,400,000 $230 Per Sq Ft

65 Days on Market

Highlights

  • View of Trees or Woods
  • Landscaped with Trees
  • Heating unit installed on the ceiling
  • Adams Elementary School Rated A-
  • Property is near a bus stop
  • Laundry Facilities

About This Home

As of February 2024

Don't miss your chance to become the proud owner of a prime 7-unit investment property nestled in the highly sought-after downtown Eugene area. Boasting a robust rental history and an impressive track record of low vacancy rates, these units offer an exceptional investment opportunity with boundless potential. Convenience is key, as the property features on-site laundry facilities and generously sized living areas within each unit. Residents will relish the proximity to various shopping options, convenient access to bus lines, and a plethora of other amenities at their fingertips. Seize this golden opportunity to make a wise investment in a thriving location! Please do not disturb tenants.

Last Listed By

Josh Cooley

Keller Williams The Cooley Real Estate Group License #200709155 Listed on: 07/28/2023

Keller Williams The Cooley Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,578

Year Built

  • Built in 1962

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Views of Woods
  • Dishwasher

Location

  • Property is near a bus stop

Schools

  • Adams Elementary School
  • Roosevelt Middle School
  • South Eugene High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 0270155

Community Details

Overview

  • 7 Units

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $19,704
  • Gross Income $114,600
  • Net Operating Income $94,896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,578

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1962
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: None
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons, Level, OnBusline, Trees
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Flat
  • View: TreesWoods

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons, Laundry

Schools

  • Elementary School: Adams
  • High School: South Eugene
  • Middle Or Junior School: Roosevelt

Lot Info

  • Zoning: R-3
  • Parcel #: 0270155

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6577.51

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 12.22
  • Annual Gross Income: 114600.0
  • Property Net Operating Income: 94896.0
  • Annual Operating Expense: 19704.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $1,400,000 0.0% $230 / Sq Ft
10/03/2023 10/03/23 Off Market $1,400,000 -- --
10/02/2023 10/02/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $1,475,000 +40.5% $243 / Sq Ft
12/06/2021 12/06/21 Sold $1,050,000 -12.5% $173 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $1,200,000 -7.7% $197 / Sq Ft
08/26/2021 08/26/21 Price Changed $1,300,000 -18.8% $214 / Sq Ft
08/06/2021 08/06/21 For Sale $1,600,000 -- $263 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josh Cooley

    Seller's Agent in 2024

    Josh Cooley

    Keller Williams The Cooley Real Estate Group

    (541) 359-1999

    5 in this area

    359 Total Sales

    Josh Cooley
    Section Image

  • B

    Seller Co-Listing Agent in 2024

    Brian House

    Keller Williams The Cooley Real Estate Group

    (541) 513-3603

    6 in this area

    202 Total Sales

    Brian House
    Section Image

  • A

    Seller's Agent in 2021

    Amanda Hanson

    Assist 2 Sell-Buyers & Sellers

    1 in this area

    27 Total Sales

    Amanda Hanson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23005157

Regional Multiple Listing Service (RMLS)

Oregon Lane County Eugene 97401 Jefferson Westside

1350 Lawrence St, Eugene, OR

Homes for Sale in Eugene, OR

This home is located at 1350 Lawrence St, Eugene, OR 97401 since 28 July 2023. This property was built in 1962. 1350 Lawrence St is a home located in Lane County with nearby schools including Adams Elementary School, Roosevelt Middle School, and South Eugene High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.